As someone who left the field of Civil Engineering out of frustration with the state of the industry, I largely agree, but for a different reason.
I have noticed that there is something like "regulatory capture" in the construction industry now, but not by the same methods as most other industries. With giant, multi-national corps handling most large construction projects now, the QA/QC engineers are either incorporated directly into the company and thus never stop terrible practices, or they are there as a sub-contractor to the prime contractor and thus will be replaced for 'other reasons' if they give push back. It's now a push to the bottom for quality and the industry is going to hell quickly as the Engineers who value quality and ethics are slowly pushed out or forced to submit. If a small engineering company tries to stand up to one of these behemoth construction corps, the smaller company will either be blackballed behind the scenes (if they're lucky enough to be temporarily successful in their challenge) or the behemoth will lean on the nearest municipal gov't and say something along the lines of "We would love to finish this critical project, but we're being held up by this silly requirement and this silly engineer. (implied: Since we're on a Cost Plus contract) It's costing you X,XXX,XXX per day while we're held up. You should probably give us a way to get past this issue."
It would be funny if it weren't so sad. Civil Engineers are getting crapped on by both sides for increasing costs. They are blamed for holding things up with quality checks and at the same time for not doing enough to stop the terrible practices that result in long-term failures which end up increasing costs further. Payouts are going down for QA/QC companies and the pressure is constantly increasing to let things slide. The differences between a well-regulated project and an 'unregulated' (for all intents and purposes) project are shocking - you can feel (and see) an attitude of IDGAF from everyone on projects where it is known that the regulations don't REALLY apply.